{% extends "global/Page.html" %} {% load otree static %} {% block title %} Option 1 (the risk) {% endblock %} {% block content %}

Option 1 has two equally-likely outcomes—one higher and one lower amount of money. On average, Option 1 pays £1.00. An example of Option 1 is shown below.

A virtual shell game determines which outcome you receive: Each outcome— and in this example—is written on a different paper slip. Each slip is placed under one shell. The shells are then shuffled, such that you cannot know which slip is under which shell. You must then select the left or the right shell.
If Option 1 determines your bonus, you receive the outcome shown on the slip under the shell you selected.


Please select one shell by clicking on it.

Note: For the risk that may determine your bonus, we have already committed ourselves to which outcome is under the left and right shell, respectively. This is shown in Verification.pdf. By inspecting Verification.pdf at the end of the experiment, you can thus verify that each outcome is indeed equally likely.
{% if testing %} {{ formfield 'feedback_option1' }} {% endif %} {% endblock %}